dark side of internal capital markets
Subtitle: divisional rent-seeking and inefficient investment
By: David S. Scharfstein, Jeremy C. Stein.
Contributors: Stein, Jeremy C.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 5969; Working paper series (National Bureau of Economic Research) -- working paper no. 5969.
Publisher: National Bureau of Economic Research
Published: 1997
Place of publication: Cambridge, MA
Language: eng
Number of pages: 37
Subjects: Conglomerate corporations -- Finance -- Mathematical models.; Resource allocation -- Mathematical models.; Capital investments -- Mathematical models.; Capital budget -- Mathematical models.
Notes: "March 1997."

Includes bibliographical references (p. 36-37).

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Financial support from the National Science Foundation